BUSINESS NEWS

Zimra surpasses target by 17%

THE Zimbabwe Revenue Authority (Zimra) exceeded its 2017 gross annual performance by 17 percent while net collections after deducting refunds were surpassed by 10 percent.In a statement accompanying r...

By Staff reporter | Published: 19 January 2018

BUSINESS NEWS

Zimra appoints new boss

The Zimbabwe Revenue Authority (Zimra) has appointed Ms Faith Mazani as its new Commissioner-General with effect from February 1. She takes over from Mr Gershem Pasi, who resigned in May last year cit...

By Staff reporter | Published: 19 January 2018

BUSINESS NEWS

Call to scrap Asycuda Customs clearing system

CUSTOMS clearing agents and transporters have called on the Government to dump the existing Automated System for Customs Data (Asycuda World plus) which is delaying the movement of commercial cargo at...

By Staff reporter | Published: 12 January 2018

BUSINESS NEWS

Business moans tax clearance delays

BUSINESSES have raised concern over the delays by the Zimbabwe Revenue Authority (Zimra) to process tax clearance certificates.The businesses have said the delays have become a perennial concern.The A...

By Staff reporter | Published: 11 January 2018

BUSINESS NEWS

Zimra surpasses 2017 tax collection target

The Zimbabwe Revenue Authority (Zimra) said it exceeded its 2017 gross annual revenue targets by 17% on the back of robust strategies that were implemented to enhance revenue collection. Zimra's gross...

By Staff reporter | Published: 08 January 2018

BUSINESS NEWS

VAT drives Zimra to surpass targets

The Zimbabwe Revenue Authority (Zimra) has surpassed its November 2017 revenue target by 30 percent to $352,24 million from $269,83 million driven by strong performance in collections from the Value A...

By Staff reporter | Published: 15 December 2017

BUSINESS NEWS

Zimra rides on regulator databases

ZIMBABWE'S tax collector, the Zimbabwe Revenue Authority (ZIMRA) has entered into an agreement with all regulatory authorities in the country to gain access into their databases.ZIMRA's acting commiss...

By Staff reporter | Published: 14 December 2017

BUSINESS NEWS

Zimra debt set-off delays rile industry

COMPANY executives and entrepreneurs have expressed concern over the Zimbabwe Revenue Authority's (Zimra) failure to process debt set-off applications, despite the existence of an arrangement between ...

By Staff reporter | Published: 14 December 2017

POLITICS

Obert Mpofu dares Zimra, police

Home Affairs minister Obert Mpofu has challenged the police and the Zimbabwe Revenue Authority (Zimra) to end smuggling at the country's border posts and contribute towards revival of the economy.He s...

By Staff reporter | Published: 13 December 2017

INDUSTRIALS & ENERGY

PPC Zimbabwe, Zimra in $3 million tax wrangle

CEMENT manufacturer, PPC Zimbabwe, has filed an urgent High Court chamber application seeking an interdict order to stop the Zimbabwe Revenue Authority (Zimra) from garnishing its bank accounts over a...

By Staff reporter | Published: 11 December 2017

BUSINESS NEWS

Zimra gears up for festive season

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (e-TIP) to make it convenient for motorists when coming to Zimbabwe during the Christmas and New Year holida...

By Staff reporter | Published: 06 December 2017

BUSINESS NEWS

Top Zimra officials acquitted

FOUR of the eight Zimbabwe Revenue Authority (Zimra) bosses, who were facing charges of fleecing the parastatal of thousands of dollars, through an import duty scam, were last week acquitted by a Hara...

By Staff reporter | Published: 03 December 2017

BUSINESS NEWS

Zimra introduces e-TIP to accelerate clearing

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (E-TIP) to accelerate clearing of motorists arriving for the festive season with close to 100 officers set t...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Zimra not recruiting on social media

PUBLIC NOTICE:SETTING THE RECORD STRAIGHT: FALSE MESSAGES ON ZIMRA RECRUITMENT ON SOCIAL MEDIAIt has come to the attention of the Zimbabwe Revenue Authority (ZIMRA) that some false and misleading mess...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Border posts beefed up for Christmas period

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (E-TIP) to accelerate clearing of motorists arriving for the festive season with close to 100 officers set ...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Zimra optimistic of surpassing $3,4bn target

The Zimbabwe Revenue Authority (Zimra) is optimistic that it will surpass this year's $3,4 billion revenue target on the back of measures that the authority has put in place to enhance revenue collec...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Zimra finds new commissioner general

THE Zimbabwe Revenue Authority (ZIMRA) board has identified its next substantive commissioner general to replace Gershem Pasi, who resigned from the tax collecting agency this year.ZIMRA board chairpe...

By Staff reporter | Published: 30 November 2017

INDUSTRIALS & ENERGY

Delta, Zimra tiff rages on

ZIMBABWE'S largest beverage maker, Delta Corporation's legal battle to get interest of close to $700 000 on charges of underestimated taxes from state revenue collector Zimra rages on with the High Co...

By Staff reporter | Published: 22 November 2017

BUSINESS NEWS

Tax refund nightmare for companies

COMPANIES have expressed concern over delays by the country's tax collection agency, the Zimbabwe Revenue Authority (ZIMRA), in processing tax refunds, which they said created cash-flow problems for b...

By Staff reporter | Published: 19 October 2017

BUSINESS NEWS

ZIMRA proposes severe penalties

THE Zimbabwe Revenue Authority (ZIMRA) is contemplating legislative measures to ensure severe penalties to tax evaders in a bid to force compliance and boost revenue.ZIMRA board chairperson, Willia Bo...

By Staff reporter | Published: 19 October 2017

BUSINESS NEWS

Zimra beats revenue targets again

The Zimbabwe Revenue Authority gross collections for the third quarter were 19% above target boosted mainly by higher collections in Value Added Tax, individual tax, excise duty and company tax.Gross ...

By Staff reporter | Published: 19 October 2017

OPINION

Clearance of building material imported by private individuals

This article seeks to correct some misconceptions on duty for building material imported for personal use by private individuals. One of the incorrect views is that production of an approved house pla...

By Staff reporter | Published: 19 October 2017

BUSINESS NEWS

Zimra urged to offer tax incentives

The Zimbabwe Revenue Authority has been urged to offer tax incentives to micro insurance players as a way of encouraging financial inclusion. Insurance and Pensions Commission (Ipec) commissioner Tend...

By Staff reporter | Published: 16 October 2017

BUSINESS NEWS

Zimra expects to surpass FY target by 15%

THE Zimbabwe Revenue Authority (Zimra) says it expects to surpass the $3.7 billion revenue target by at least 15 percent, as it ups collection efforts.In the half year to June 30, revenue inflows amou...

By Staff reporter | Published: 16 October 2017

BUSINESS NEWS

Zimra surpasses Sept collections

The Zimbabwe Revenue Authority (Zimra) surpassed its revenue target by 14,34% in September, with net collections of $373,23 million on the back of tax compliance. The net collections target was $326,4...

By Staff reporter | Published: 06 October 2017
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